Kojamo Calls Annual General Meeting for March 14

Kojamo Oyj has invited its shareholders to its Annual General Meeting (AGM), which will be held on Thursday, March 14, 2024, at Pikku-Finlandia in Helsinki. The meeting agenda includes the review of the company's financial statements, the annual report, and the auditor's report for the year 2023.

The board of directors proposes that the AGM approves the 2023 financial statements. Notably, the board recommends no dividend distribution for the 2023 fiscal year, despite distributable equity exceeding 155 million euros. Other key items include decisions on the discharge of liability for board members and the CEO, as well as the handling of the remuneration report and remuneration policy for corporate bodies.

The AGM will also elect the members of the board and its chairman for the upcoming term. The shareholders' nomination committee proposes Mikael Aro for the position of chairman. Current members Kari Kauniskangas, Anne Koutonen, Mikko Mursula, Annica Ånäs, and Andreas Segal are proposed for re-election, with Veronica Li suggested as a new member.

The nomination committee also proposes annual fees for board members, with approximately 40 percent to be paid in Kojamo Oyj shares and the remainder in cash. The proposed annual remuneration for the chairman is 74,000 euros and for members is 37,000 euros. Meeting fees are proposed at 700 euros per meeting.

Shareholders have the option to attend the meeting in person or follow the proceedings via a live video webcast online. Advance voting is also available. The AGM is a crucial forum for shareholders to influence the company's governance and strategic direction.